Mass. Unmployment by city/town

Came across this link today – http://boston.bizjournals.com/boston/stories/2009/03/09/daily19.html?ana=e_du_pap

Senate OKs $15,000 Bonus for Home Buyers

Senate OKs $15,000 Bonus for Home Buyers Housing could get a big boost from the latest addition to the mammoth stimulus bill working its way through Congress. Senate legislators unanimously approved a proposal Wednesday that would allow a tax credit for home buyers of 10 percent of the value of new or existing residences, up [...]

Massachusetts housing sales tumbled to a 17-year low in 2008.

Massachusetts housing sales tumbled to a 17-year low in 2008. Despite a slight upswing in activity during the fourth quarter, the year’s 40,124 single-family home sales were the lowest on record since 1991 and were more than 11 percent off from 2007’s total of 45,339 sales, according to real estate media and research firm The [...]

Existing home sales in surprise jump

The number of existing homes sold in December rose 6.5% from the previous month, according to a report released Monday, as bargain hunters took advantage of plummeting prices. The National Association of Realtors said that home sales increased to a seasonally-adjusted, annualized rate of 4.74 million units. That’s up from a revised pace of 4.45 [...]

Back to the future…

Guess I wasn’t alone in thinking that we have a good few more months of having to deal with foreclosures lowering the average sale price.  As banks have tightened up their lending standards, the rules for appraisers have also tightened.  ( or as a broker friend reminded me – the rules have always been there, [...]

Is the Biggest Real Estate crash still to come??